Diamond out as Atlas Mara eyes South African banking market
Bob Diamond, the financier who once ran Barclays, is stepping down as executive chairman of his African banking venture as it reviews assets and seeks to exit some countries.
Bob Diamond, the financier who once ran Barclays, is stepping down as executive chairman of his African banking venture as it reviews assets and seeks to exit some countries.
The name Gupta has become synonymous with state corruption in South Africa, as the family allegedly used its friendship with Jacob Zuma when he was president to win contracts and pick cabinet members.
As if more evidence were needed that the Sekunjalo media empire is premised on a “cash gifts-for-political allegiance” ANC/PIC deal.
Politics is a savage art. 2018 has convincingly rubbished the theory that Europe and America hemisphere practise a more sophisticated form of the science.
KPMG, the auditor that shed clients and staff after scandals in South Africa, apologises for its “misdeeds” and wants a second chance.
KPMG is continuing to lose staff and clients in South Africa more than a year after issuing a public apology for some of the work it did in the country.
Sygnia has been approved for a secondary listing on A2X Markets and will list on Thursday, 13 September 2018.
Former Deputy Finance Minister Mcebisi Jonas was appointed as a non-executive director to the board of Sygnia with effect from 1 September 2018.
In order to know where we are going, it’s important to know from where we came. This is the Biznews story so far…
Not long ago, a reader wrote to a member of our Biznews team asking the best way to invest in Bitcoin. If I had replied to her, I might have replied with this story, a report revealing that less than 5% of the millions of Brits who have invested in Bitcoin have made any financial gain from their investment.